Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:614066
Bank Name:Liquidation E-Auction
Branch Name:New Delhi
Reserve Price:₹58,00,000
EMD:₹5,80,000
Bid Increment:₹50,000
Auction Time:11:30 AM to 1:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-04
Property Description
This is a liquidation e-auction for a commercial shop located on the prominent Chamarajendra Road in Bengaluru, Karnataka. The property is being auctioned under the SARFAESI Act. The borrower is M/s SPACEVISION IMPEX PRIVATE LIMITED, currently in liquidation. This presents a significant opportunity to acquire a commercial asset in a key area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Chamarajendra Road
Asset Category:Commercial
Full Address:84/47 F4, Shop/office premises bearing Municipal Sub. No.: 84/47 F4, situated on 5th Floor, Property No. 84 (Old No. 12), Jaya Chamarajendra Road, Bangalore, Chamarajendra Road, Bengaluru
Size:1293 sq. fts
Auction Description
An online SARFAESI auction will be held on December 4, 2025, from 11:30 AM to 01:30 PM for a commercial shop. The reserve price is ₹58,00,000, with an Earnest Money Deposit (EMD) of ₹5,80,000 required to participate. This is a liquidation sale managed by Liquidation E-Auction.
Borrower Name:M/s SPACEVISION IMPEX PRIVATE LIMITED (IN LIQUIDATION)
Auction Type:SARFAESI Auction
Why This Property
Located on Chamarajendra Road, a prime area in Bengaluru, this commercial shop presents a strong investment opportunity. The reserve price is reasonable considering the location, and the auction terms are standard. The potential for appreciation makes it a worthwhile venture.
Contact Details
Branch:Branch Office : New Delhi
Service Provider:BAANKNET
Contact Details:
Mr. Animesh
Contact no:+919327493420
